The South Carolina Department of Revenue has released the updated per capita income figures, as well as state figures for all the counties within the state for the purpose of calculating property, income, and sales tax incentives. The most recent available state per capita income figure is $40,421. The incentives that depend on these figures include the following:

  • The corporate income job tax credit under Code §12-6-3360; and
  • The personal property corporate headquarters credit under Code §12-6-3410; and
  • The sales and use tax exemption for computer equipment for technology-intensive facilities under Code §12-36-2120(65).

To register to pay taxes in South Carolina, visit MyDORWAY and complete the registration process. A qualified tax attorney can assist with the execution of the application and potential questions or concerns that may arise in the process.

Jeanette Moffa is an attorney who concentrates on state and local taxes at Moffa, Sutton, & Donnini, P.A. She is an executive council member of the American Bar Association Tax Section State and Local Tax Committee and the Florida Bar Tax Section. Ms. Moffa is an author of both the CCH’s Expert Treatise Library: Sales and Use Tax as well the ABA’s Sales and Use Tax Deskbook. In addition, her regular columns on state and local tax issues can be found in State Tax Notes and Actionline, a publication from the Florida Bar’s Real Property, Probate, and Trust Law Section. She also serves as assistant editor to the Sales and Use Tax Deskbook and Actionline. Ms. Moffa is a regular speaker at the American Bar Association Tax Section conferences, the Institute of Professionals in Taxation, the Florida Bar Tax Section, the Florida Bar Real Property, Probate, and Trust Law Section, and the FICPA. In her free time, she teaches as an adjunct professor at Broward College.

Posted in Multi-state sales and use tax, South Carolina Sales Tax